Full-Time

Business Development Manager

Posted on 7/17/2024

Inversion Space

Inversion Space

51-200 employees

Develops low-cost re-entry vehicles for cargo

Compensation Overview

$150k - $230k/yr

Senior, Expert

Carson, CA, USA

Requires full-time in-office presence in Torrance, CA.

US Citizenship Required

Category
Business Development
Business & Strategy
Required Skills
Market Research
Sales
Communications
Requirements
  • Proven experience in business development, proposal management, or sales within the aerospace industry.
  • Strong technical background with the ability to understand and articulate complex engineering concepts.
  • Excellent written and verbal communication skills, with the ability to create persuasive proposals and presentations.
  • Demonstrated ability to build and maintain professional relationships with clients and partners.
  • Strategic thinker with strong analytical skills and the ability to identify market opportunities.
  • Proactive and self-motivated team player with a passion for innovation and entrepreneurship.
  • Ability to thrive in a fast-paced startup environment with a hands-on approach to problem-solving.
Responsibilities
  • Lead the development and execution of strategic initiatives to expand our client base and market presence.
  • Manage the end-to-end proposal process, including identifying opportunities, drafting proposals, and presenting compelling business cases.
  • Collaborate closely with the engineering team to understand technical requirements and translate them into business proposals.
  • Conduct market research and analysis to identify potential clients, market trends, and competitive landscapes.
  • Build and maintain strong relationships with key stakeholders, including potential clients, partners, and industry influencers.
  • Drive the negotiation and closing of business deals, ensuring favorable terms and conditions for the company.
  • Monitor and report on business development performance metrics, adjusting strategies as needed to achieve targets.
  • Stay informed about industry developments and best practices to continually improve business development efforts.

Inversion Space develops re-entry vehicles that are designed to bring cargo and resources back from space at a low cost and with high frequency. Their vehicles operate primarily in low-earth orbit and are aimed at making the process of returning from space as routine as launching into it. Inversion Space serves clients in the space exploration sector and commercial space activities, offering re-entry services for various types of cargo. The company generates revenue through service contracts and partnerships with space agencies and private companies. By enabling the return of valuable materials from space, Inversion Space contributes to the sustainability and expansion of space operations.

Company Size

51-200

Company Stage

Series A

Total Funding

$125M

Headquarters

Torrance, California

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Inversion raised $44 million to advance re-entry vehicle development.
  • Awarded $71M by SpaceWERX for next-gen autonomous re-entry vehicles.
  • Growing demand for re-entry solutions aligns with Inversion's focus on affordable vehicles.

What critics are saying

  • Competition from SpaceX and Blue Origin may limit market share.
  • Potential regulatory hurdles could delay operations and increase costs.
  • Reliance on SpaceX's Transporter-12 mission poses risk if launch issues occur.

What makes Inversion Space unique

  • Inversion Space focuses on affordable, high cadence re-entry vehicles for cargo return.
  • The company aims to make space return as common as space launch.
  • Inversion Space develops in-house technology for re-entry vehicles, enhancing cost efficiency.

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Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

4%
Business Wire
Nov 21st, 2024
Inversion Raises $44 Million to Power On-Demand Delivery from Space

Inversion, the company pioneering precision delivery on-demand from space to anywhere on Earth, today announced a $44 million Series A funding round c

SpaceNews
Nov 20th, 2024
Inversion Space raises $44 million

BREMEN, Germany - Inversion Space has raised $44 million to further development of reentry vehicles to deliver cargo from space.

Business Wire
Sep 12th, 2024
Inversion Awarded $71M by Air Force Research Laboratory and SpaceWERX for Delivery On-Demand from Space

Inversion awarded $71M by SpaceWERX to develop the next generation of autonomous re-entry vehicles, enable precision delivery to any location on Earth

Business Wire
Apr 17th, 2024
Inversion’S State-Of-The-Art Ray Reentry Demonstrator Capsule To Launch This Fall On The Transporter-12 Mission With Spacex

Austin Briggs (left), Co-Founder and CTO of Inversion and Justin Fiaschetti (right), Co-Founder and CEO of Inversion at Inversion's Torrance, California headquarters (Photo: Business Wire)TORRANCE, Calif.--(BUSINESS WIRE)--Inversion, founded in 2021 to build re-entry vehicles to deliver cargo anywhere on Earth in under one hour, announced today that Ray, the company’s technology test platform, will be launching on SpaceX’s Falcon 9 as part of the Transporter-12 Rideshare mission, no earlier than October 2024.The purpose of Ray’s mission for Inversion is to test key technologies for the yet-to-be-announced next generation vehicle that Inversion is developing.“We have developed Ray at a record low cost, while simultaneously making investments into our next gen vehicle. Ray’s first mission is a major step on the path to making returning from space an everyday occurrence. This ethos of cost efficiency is core to accomplishing this mission,” said Justin Fiaschetti, Co-Founder and CEO of Inversion.Once in space, Ray will remain in orbit while the Inversion team conducts functional check out. Upon completion, Ray will be commanded to conduct its de-orbit burn using Inversion’s 8 lbf thrust bipropellant rocket engine, named CE-1. Ray will then re-enter the Earth’s atmosphere at hypersonic speeds, 17800 mph. Ray will deploy its parachute, which Inversion has developed from scratch, to slow to a gentle 12.5 ft/s touchdown velocity and splash down off the coast of California.“We decided early on that Ray would be used to test technology for our next gen vehicle, which is why we’ve developed nearly every one of Ray’s subsystems in-house for both the capsule and the service module

TechCrunch
Apr 17th, 2024
Inversion Space Will Test Its Space-Based Delivery Tech In October

Inversion Space is aptly named. The three-year-old startup’s primary concern is not getting things to space, but bringing them back — transforming the ultimate high ground into “a transportation layer for Earth.”The company’s plan — ultra-fast, on-demand deliveries to anywhere on Earth — sounds like pie in the sky, but it’s the sort of moonshot goal that could transform terrestrial cargo transportation. The aim is to send up fleets of earth-orbiting vehicles that will be able to shoot back to Earth at Mach speeds, slow with specially-made parachutes, and deliver cargo in minutes.Inversion has developed a pathfinder vehicle, called Ray, that’s a technical precursor to a larger platform that will debut in 2026. Ray will head to space this October, on SpaceX’s Transporter-12 ride share mission, paving the way for Inversion’s future plans on orbit (and back).Ray is small — about twice the diameter of a standard frisbee — and will spend anywhere from one and five weeks in space, depending on factors like weather and how the orbit aligns with the landing site, Inversion CEO Justin Fiaschetti explained in a recent interview.This first mission will have three phases: the initial on-orbit phase, where the spacecraft will power on, charge its batteries, and hopefully send telemetry to the ground. During the second phase, Ray will use its onboard propulsion system to slow down the vehicle so it starts losing altitude and reentering the atmosphere. The reentry capsule will separate from the satellite bus (both designed in-house), with the latter structure burning up.The third and final phase will see Ray slow down using a supersonic drogue parachute, from a reentry speed of Mach 1.8 to Mach 0.2

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